1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ELEN [110]
3 years ago
6

The Townson Manufacturing Company has gathered the following information for the month of September: 9,900 units in the beginnin

g Work-in-Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs). 99,000 units were started into production. 66,900 units were completed and transferred to the next department. The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs. What are the equivalent units of production (EUPs) for the conversion costs in the month of September assuming Townson uses weighted-average process costing?
Business
1 answer:
andrezito [222]3 years ago
7 0

Answer: 82,650 units

Explanation:

Equivalent Units of Production (EUPs) for the conversion costs = Units transferred out + Percentage of completed Ending Inventory

Ending Inventory = Beginning Work-In-Process + Units started into production - Units transferred out

= 9,900 + 99,000 - 66,900

= 42,000 units

Equivalent Units of Production (EUPs) for the conversion costs = 66,900 + (3/8 * 42,000)

= 82,650 units

You might be interested in
Knowing yourself is the basis for all steps in career planning. is this statement true or false?
Fynjy0 [20]

Of course, the answer for this is <u>TRUE!</u> Career planning needs basis and the best basis you could have is knowing yourself.

How to know yourself as a basis for career planning? You must answer these questions about you:

- Who are you and what do you want to become?

- What are your skills and talents?

- What is your educational background?

- What are your dreams and ambitions?

Among the steps in career planning are:

  1. Assessing your abilities, interests, values, and personality to learn more about yourself.

  2. Knowing what you desire by determining where, how, and how much money you need to live and survive.

  3. Making preparations for an interest-based career will help you get ready for a career.

  4. Discovering job trends, transferrable skills, and professional growth will help you maintain your career.

Learn what mentors should teach a recent graduate about career planning if the recent graduate's mentor is explaining the importance of career planning: brainly.com/question/28275628

#SPJ4

3 0
1 year ago
Firms classified as being part of the sharing economy and collaborative consumption are still considered too risky to attract su
Galina-37 [17]

Firms classified as being part of the sharing economy and collaborative consumption are still considered too risky to attract substantial venture capital investment. True

Explanation:

Firms that are funded as a apart of the sharing economy are usually never as profitable as the private companies which draw more investors despite their continued success as their business models are not based on producing profits for the higher ups and have a much more horizontal structure in their firm of ownership and responsibility among the workers.

This means that their is less money in it for the investor and the administrator than it is in a top to down job which is usually the case in corporate and there is more assiduity on the work too.

6 0
3 years ago
Fixed costs equal $16,000, unit contribution margin equals $35, and the number of units sold equal 1,300. Operating income is __
Mazyrski [523]
The answer is 61,500
6 0
2 years ago
g A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third y
Lorico [155]

Answer:

$880.31

Explanation:

Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment

Given that,  

Assuming Future value = $1,000

Rate of interest = 8.6%  ÷ 2 = 4.3%

NPER = 8 years  × 2 = 16

PMT = $1,000 × 6.5% ÷  2 = $32.50

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the new price of the bond is $880.31

4 0
2 years ago
Sneed Corporation issues 12,700 shares of $49 par preferred stock for cash at $63 per share. The entry to record the transaction
hichkok12 [17]

Answer:

Dr Cash 800,100

    Cr Preferred stock 622,300

    Cr Additional paid in capital, preferred stock 177,800

Explanation:

Preferred stocks and common stocks are part of stockholders' equity. Whenever they are sold above par value, the difference must be recorded as additional paid in capital. You must also specify which stocks were sold at a higher value.

4 0
3 years ago
Other questions:
  • 2. Whom would you choose as a referent on this job? What steps would your manager take to make you feel that you were being equi
    11·1 answer
  • "Suppose that the demand and supply curves have similar steepness. If demand for the good increases slightly and at the same tim
    10·1 answer
  • You are considering a project in Norway with an initial cost of NKr135,000. The project is expected to return a one-time payment
    7·1 answer
  • When Maricela looked in her closet and said, "I don't have anything to wear to the party this weekend," she seems to be in which
    7·1 answer
  • Observation of infants and toddlers entails
    9·1 answer
  • I really could use help
    11·1 answer
  • For each of the three independent situations below determine the amount of the annual lease payments. Each describes a finance l
    11·1 answer
  • Helen, age 17, wanted to buy a motorcycle. She did not have the money to pay cash but persuaded the dealer to sell a cycle to he
    11·1 answer
  • Pleaseeeee help meeeee
    11·1 answer
  • Special hotel accounts for a company that has established credit with a hotel are called?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!